Visa invested in the digital payment platform developer at a valuation above $1bn, taking its overall funding to almost $300m.
Singapore-based cross-border payment platform developer Nium secured over $200m today in a series D round backed by payment services firm Visa at a valuation of more than $1bn.
Riverwood Capital led the round, which also featured financial services firm Kasikorn Bank’s Beacon Venture Capital unit, the Singaporean state-owned Temasek and its Vertex Ventures subsidiary, Atinum Group of Funds, Rocket Capital Investment and individuals including Gokul Rajaram, Vicky Bindra and Arjun Sethi.
Nium has developed a modular software platform able to…
